Mainnet release, FTX hack and what’s next

tProof.io
3 min readDec 21, 2022

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While the whole crypto world is in turbulent waters, development around tProof has never been that good. Let’s put things in order and focus on the three main events that touched our roadmap:

  • open source the code
  • release on mainnet (Polygon)
  • FTX collapse

Open Source code

Team behind tProof is a strongly believer of open source, and the benefits it can bring to the space. While the development of initial codes have been conducted within private repos, with the mainnet release we’ve open sourced our codes, under MIT licence.

You can read our smart contracts code in our official Github repository, while codes have been verified on Polygon scan too:

Polygon mainnet release

Right after making our smart contracts open source, we published them on Polygon, allowing everyone to generate proofs on one of the most used L2.

Currently you’re able to generate Proofs starting from a document, and we’ve not yet enabled Chainlink and Arweave public file management. This means that you can always verify a document, and the file must be securely stored by you (cannot be made automatically public and linked to the proof).

If you want to make it public, you can certify the file now, and upload it later, once the Chainlink integration will go LIVE. That won’t affect the validity of the certification, as it’s proof is generated now and won’t change when the file will be made publicly available.

FTX Crash

After a couple of days of bad rumors, the truth showed up and the evil side of FTX has been revealed to the world. The rest of the story is known by anyone.

On Twitter a good amount of users were worried about their account balances, and how to certify them in case of lawsuit.

That was the moment were we decided to remove the 3 MATIC fee to generate a proof, and make it available for free to everyone. That lead to 90+ proofs generated, proving that tProof can bring benefits in real life, while working in a fully decentralized environment.

The good part of this story is that users were able to recognize the truly decentralized soul of tProof

What’s next?

We’re currently focused on integrating our first paying customers. The current solution, accessible via wallet, cannot be easily integrated within existing services. Imagine you want to generate a proof every time a document is dropped inside a Slack channel of your company.

This is why we’re building a cloud platform, where companies are able to subscribe paying with FIAT, and potentially call APIs to access our services. We manage all the on-chain process, leveraging them the need of a wallet connected.

The cloud platform is just a layer between the chain smart contracts and the current systems every company is using. It doesn’t change how tProof works, it makes it simpler.

Finally, we’re also talking with VCs to support our journey towards a revolution in the field of timestamping.

Make sure to Follow us on Twitter to get latest news, and remember: when you have to certify something, don’t rely on centralized entities. Rely on trustless, decentralized products. Rely on tProof!

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tProof.io
tProof.io

Written by tProof.io

Decentralized Proof of Timestamp service. Open, Trustless, simple. Built on Ethereum, ChainLink and Arweave.

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